China Taiping Insurance Holdings Co (HKSE:00966) Scaled Net Operating Assets: -0.49 (As of Dec. 2025)

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HKSE:00966 China Taiping Insurance Holdings Co Ltd HKSE:00966
69 GF Score
Price HK$22.00
GF Value HK$13.11
Valuation Significantly Overvalued
! 4 Warning Signs
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What is China Taiping Insurance Holdings Co Scaled Net Operating Assets?

China Taiping Insurance Holdings Co HKSE:00966 -0.72% 69 Scaled Net Operating Assets is -0.49 as of Dec. 2025. GuruFocus rates HKSE:00966 with a GF Score™ of 69/100 and a GF Value™ of HK$13.11 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

China Taiping Insurance Holdings Co's operating assets for the quarter that ended in Dec. 2025 was HK$826,699 Mil. China Taiping Insurance Holdings Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$1,742,855 Mil. China Taiping Insurance Holdings Co's Total Assets for the quarter that ended in Jun. 2025 was HK$1,874,119 Mil. Therefore, China Taiping Insurance Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.49.

HKSE:00966
69GF Score
China Taiping Insurance Holdings Co Ltd HKSE:00966
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Taiping Insurance Holdings Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

China Taiping Insurance Holdings Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1932226.402-1742855.06)/1734342.014
=0.11

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1986586.643 - 54360.241
=1932226.402

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1821793.696 - 32831.497 - 46107.139
=1742855.06

China Taiping Insurance Holdings Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(826698.52-1742855.06)/1874119.192
=-0.49

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1986586.643 - 1159888.123
=826698.52

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1821793.696 - 32831.497 - 46107.139
=1742855.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of -0.49 mean?
China Taiping Insurance Holdings Co (HKSE:00966) has a Scaled Net Operating Assets of -0.49 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on China Taiping Insurance Holdings Co and its competitors.
Is China Taiping Insurance Holdings Co's Scaled Net Operating Assets too high?
China Taiping Insurance Holdings Co's current Scaled Net Operating Assets is -0.49. Overall, China Taiping Insurance Holdings Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Taiping Insurance Holdings Co's Scaled Net Operating Assets compare to AFL and MET?
China Taiping Insurance Holdings Co's Scaled Net Operating Assets of -0.49 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on China Taiping Insurance Holdings Co and its competitors. China Taiping Insurance Holdings Co's current Scaled Net Operating Assets is -0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Taiping Insurance Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Taiping Insurance Holdings Co (HKSE:00966) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$13.11, compared to a current price of HK$22.00 — trading 67.8% above its estimated fair value. The current Scaled Net Operating Assets is -0.49. China Taiping Insurance Holdings Co's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For China Taiping Insurance Holdings Co (HKSE:00966), the current Scaled Net Operating Assets is -0.49 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Taiping Insurance Holdings Co (HKSE:00966) Overvalued in 2026?

Based on GuruFocus' analysis, China Taiping Insurance Holdings Co stock appears to be overvalued. The current stock price of HK$22.00 is trading 67.8% above its estimated GF Value™ of HK$13.11. GuruFocus considers China Taiping Insurance Holdings Co to be Significantly Overvalued.

Key valuation signals for HKSE:00966:

  • Scaled Net Operating Assets: -0.49
  • GF Value™: HK$13.11 vs. price of HK$22.00 (67.8% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Taiping Insurance Holdings Co Business Description

Other Exchanges CTIHY:USAHIUC:Germany
Address 18 King Wah Road, 25th Floor, China Taiping Finance Centre, North Point, Hong Kong, HKG
China Taiping Insurance Holdings Co Ltd is a holding company that, through its subsidiaries, sells insurance products and offers a variety of investment management services. The company sells life, property and casualty, reinsurance, and pension insurance products. The firm also operates asset management and real estate management services. The majority of China Taiping Insurance's income is derived from life insurance, with the People's Republic of China contributing a portion of the company's revenue. The company comprises business segments: the life insurance business, PRC property and casualty insurance business, Overseas property and casualty insurance business, reinsurance business, and Others. The majority of revenue is generated from the life insurance business.
69GF Score

Get the complete analysis for HKSE:00966

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$22.00
Price
HK$13.11
GF Value